"Income trusts are popular, but many people stay away because they can’t figure out what to buy. This book explains them carefully and sorts through the complexities. Here’s the guide you need to find an investment that won’t let you down." Ellen Roseman, personal finance columnist, Toronto Star, and author of Money 101 and Money 201 Frustrated with mutual fund and stock market performance? Looking for alternative ways to invest your money? Why have income trusts come out of nowhere, and how do they work anyway? Income trusts are booming. They have been one of the best-performing classes of investments in one of the worst markets in decades. With over 150 trusts currently trading on the Toronto Stock Exchange at a combined value of over $90 billion, this relatively new vehicle, the income fund, is one of the hottest tickets on the Canadian investment landscape today. Income trusts provide Canadians with an alternative to stock investing that offers potentially less risk, higher returns, and regular income. But investing in income trusts can also be fraught with pitfalls, and being stuck with a bad one can do more harm than good. Written by two of the industry’s top experts and commentators, this is the first book of its kind: a complete guide to the income trust industry in Canada. - Includes complete coverage on: what income funds are and how to use them to your advantage; myths and facts about income funds; different types of income trusts; what to look for in an income trust, and how to assess the risks involved; how income trusts, and the investors in them, are taxed; funds of income funds; and much more.
- Explains what business owners need to know if they are considering converting their businesses into an income trust.
- Features listings and profiles of over 160 income funds currently available in Canada, including a description of each fund, performance history, and contact information.
- Designed for anyone interested in knowing how Canadian income funds work, including: investors, business owners, directors, trustees, stockbrokers, financial advisors, lawyers, accountants, investment bankers, and commercial bankers.
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